Changes in the textiles industry to enter the critical period of development

China Textile Industry Association Du Yuzhou in “2009 China’s natural fiber Forum”, said the swift expansion through the years has led to modifications in China’s textile industry to enter the bulk essential expansion time span, the textile industry by the existing worldwide economic calamity, the impact of expanded, national textile Industry appearance a series of encouraging policies will leisurely appear.

According to Du, the textile industry has created more than 2000 production of 10,000 jobs, of which 80% of migrant workers, and the annual use of about nine million tons of domestic natural fiber, involving 100 million farmers of their livelihood. At present, 20% of the textile industrial output for export, the proportion of general trade reached 72%, trade net trade in goods exports accounting for 60% of net exports.

Du Yuzhou sharp out that, as a higher degree of internationalization of the commerce, the textile commerce of China’s present worldwide economic urgent position strike hard, commerce output, effectiveness, trade items and paid work are the problem.

1,2 months of this year, the national textile industry enterprises above designated elevation industrial goods effected plunged 0.27 per 100 year-on-year growth rate plunged 16.28 per 100 year-on-year; profit came 8.1 per 100 year-on-year diminish, a loss of 25% of enterprises; national textile and garment exports 22.451 billion U.S. dollars fascinated, lessened 14.78% year-on-year; more severe employment circumstances, simply the diagram of very many finance enterprises by the end of May terminal year on the reduction of 690,000 people. The elevation of the pursuing enterprises are facing more severe situation.

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